INTANGIBLES, Net

6 Months Ended

Jun. 30, 2013

INTANGIBLES, Net

INTANGIBLES, Net

7. INTANGIBLES, Net

Intangibles consist of the following at:

	June 30, 2013			December 31, 2012
Amortizing intangibles	$	1,061		$	1,061
Accumulated amortization	(577		)	(553		)
	484			508
Non-amortizing intangibles	59,241			54,140
	$	59,725		$	54,648

All amortizing intangibles have been assigned an estimated useful life and such intangibles are amortized on a straight-line basis over the number of years that approximate their respective useful lives ranging from one to 25 years (weighted-average life of 20 years).  Amortization expense was $0.01 million for both the three-months ended June 30, 2013 and June 30, 2012. Amortization expense was $0.02 million for both the six-months ended June 30, 2013 and June 30, 2012.